Henry Fayol Theory

1979 Words4 Pages

The first writer who formally introduced the concept of management and its principles was Henry Fayol. Generations have benefitted from the deep insight and expert knowledge of his management elements and principles. However, rapid social, political, technological and economic developments, have stirred a debate in the intellectual circles concerned with management about his theory’s applicability in the current era and many have started declaring his theory as outdated and outmoded. This report is mainly concerned with this ongoing debate. While throwing light on the life of this great engineer-cum-manager, it would provide an insight into his management theories and historical development of management as a social science. Finally, apart from discussing the challenges posed to management by the 21st century, this report would also try to build a case in favor of his theory’s applicability in the present era.
Henry Fayol, the man who is considered as the true father of strategic management, was born in 1841 in Constantinople (now Istanbul, Turkey). His father was an engineer overseeing military projects under agreement between France and Turkey. After his retirement, he returned to France along with his family and settled at La Voulte from where Henry received his elementary education. He then entered a polytechnic school in Valence and graduated from Lycee Imperial in 1860.
Following in the footsteps of his father, he, at the age of seventeen got admission in the National School of Mines at Saint Etienne to become mining engineer. After his graduation in 1860, he started his career as a professional in Commentry Coalfield in central France and worked there as an engineer for six consecutive years. Owing to his technical expe...

... middle of paper ...

...many present days leading organization. The principle of equity, initiative and just remuneration are still revered by modern day management. Moreover, the principle of scalar chain can purge modern day management with the evils created due to lack of efficient communication.
Henry Fayol’s contribution to modern management cannot be undermined. His theory of management set the foundations of administrative management and provides deep and knowledgeable insight of the art of management. Present day conditions do not suggest that his theory has become completely obnoxious. Most of the part of his theory is still applicable especially his five elements of management. As they say that nothing is permanent but change, therefore, his management theory can still be applied to modern day management by incorporating minor changes in it in accordance with the needs of today.

Open Document